ZW Chicago SRW Wheat Futures Weekly Chart Analysis: 2026-Oct-04 18:11 CT

Price Action

• Last: 669.50,
• Bars: Medium,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -44%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Oct

• Intermediate-Term
• MSFG Current: 10%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 55%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 670.75,
• 4. Pvt. Next: Pvt high 771.75,
• 5. Levels R: 1599.50, 1236.00, 1011.25, 891.00, 795.00,
• 6. Levels S: 670.75, 590.75, 534.25.

Weekly Benchmarks

• (Short-Term) 5 Day: 732.25 Down Trend,
• (Short-Term) 10 Day: 706.00 Down Trend,
• (Intermediate-Term) 20 Day: 672.50 Up Trend,
• (Intermediate-Term) 55 Day: 647.50 Up Trend,
• (Long-Term) 100 Day: 627.75 Up Trend,
• (Long-Term) 200 Day: 728.25 Down Trend.

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Bullish,
• Long-Term: Neutral.

Key Insights Summary

Price has retraced sharply from the 795.00 pivot high and is testing the active 670.75 pivot-low area, with fast downside momentum and weekly price below the 5-, 10-, and marginally below the 20-week benchmarks. The short-term structure remains a lower-high pullback within a broader intermediate recovery: the monthly and yearly grids remain positive, while rising 20-, 55-, and 100-week averages support the higher-timeframe base. A sustained pivot-low failure would expose 590.75 and then 534.25 support, while 706.00, 732.25, and 795.00 define successive recovery and resistance references.